VivoPower’s Caret Digital to develop up to 55MW of its solar farm portfolio for digital asset mining, including Dogecoin and Litecoin, with potential annual revenues of up to US$150m
VivoPower International PLC - Ordinary Shares (VVPR)
US:NASDAQ Investor Relations:
vivopower.com/shareholders
Company Research
Source: GlobeNewswire
Spin-off of Caret Digital previously approved by shareholders and subsequently confirmed in December 2023 Caret Digital approached with proposal to mine Dogecoin and Litecoin on its assets, ahead of a potential definitive agreement to enter into reverse merge spin-off with a Canadian counterparty Economics of Dogecoin and Litecoin mining have improved markedly Dogecoin and Litecoin mining use case consistent with Caret Digital’s previously announced Power-to-X strategy LONDON, Nov. 14, 2024 (GLOBE NEWSWIRE) -- VivoPower (“the Company”) announced today that its Board of Directors has approved an execution plan for its wholly owned subsidiary, Caret Digital, to develop up to 55MW of its solar farm asset portfolio for Dogecoin and Litecoin mining purposes. This follows a proposal from a Canadian group seeking to enter into a reverse merger with Caret Digital, with the Company currently progressing negotiations to finalise a definitive agreement. Based on current Dogecoin and Lite
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News
- VivoPower completes filing of 2024 Annual Report on Form 20-FGlobeNewswire
- Vivopower Receives Notification of Recompliance with Nasdaq’s Minimum Bid Price RuleGlobeNewswire
- VivoPower's Caret Digital secures asset backed financing facility for up to 1,000 Antminer L9s to accelerate DOGE coin mining revenues and free cashflows [Yahoo! Finance]Yahoo! Finance
- VivoPower's Caret Digital secures asset backed financing facility for up to 1,000 Antminer L9s to accelerate DOGE coin mining revenues and free cashflowsGlobeNewswire
- VivoPower to host Annual General Meeting on December 30, 2024 in LondonGlobeNewswire
VVPR
Sec Filings
- 12/20/24 - Form 6-K
- 12/19/24 - Form 20-F
- 12/11/24 - Form 6-K
- VVPR's page on the SEC website